Saturday, April 20, 2024

From Russia with Love

From Russia with Love
BCS Financial Group and its broker-dealer subsidiary BCS Global Markets, 24-year veterans of the Russian financial services industry, are expanding both in Europe and in the U.S.

Women in Finance Awards Q&A: Youran Wu, Virtu Financial

Women in Finance Awards Q&A: Youran Wu, Virtu Financial
Virtu's "Rising Star" tells about her motivation in the workplace.

Cowen and Intrepid Join on Advisory and Execution Services to Energy Sector

Cowen and Intrepid Join on Advisory and Execution Services to Energy Sector
The relationship brings together Cowens high-quality research, sales and trading, capital markets and advisory services with Intrepids leading strategic advisory capabilities and deep relationships in the North American energy sector.

$2.3 Billion UBS Trading Loss Case Goes to Jury

$2.3 Billion UBS Trading Loss Case Goes to Jury
The jury in the trial of Kweku Adoboli, the former UBS AG trader accused of causing the largest unauthorized trading loss in British history, began deliberations on whether or not he is guilty.

Instinet Agrees to Purchase FIS Execution Services

Instinet Agrees to Purchase FIS Execution Services
Business unit, formerly known as Fox River, is agency-focused broker that provides customized trading algorithms.

Citi Leads Greenwich Associates Survey of Global Fixed Income Share

Citi Leads Greenwich Associates Survey of Global Fixed Income Share
When it comes to market share and quality, Citi leads in Asia ex-Japan, and Barclays leads in Europe in the annual survey of global fixed income participants.

INTL FCStone Financial Ranks as Top International OTC Equity Market Maker

INTL FCStone Financial Ranks as Top International OTC Equity Market Maker
Florida-based NTL FCStone Financial ranked as the #1 market maker in 2016 for international securities traded over-the-counter, as well as ranking #1 by dollar value for approximately 2,500 securities, according to Bloomberg rankings.

Deutsche Bank Helps Buyside Locate “Inaccessible Liquidity” Via New Tool

Deutsche Bank Helps Buyside Locate “Inaccessible Liquidity” Via New Tool
In its constant search for liquidity in equities, buy-side traders are getting a new tool specifically designed to hunt down new sources of securities with a new tool from bulge bracket broker Deutsche Bank. The new tool also helps institutional traders assess the usage of their algorithms and how to adjust their trading strategies.

Speed Trader Foresees Sisyphean Task in HFT Crackdown

Speed Trader Foresees Sisyphean Task in HFT Crackdown
The founder of Lime Wire says the NYAG risks overturning years of progress by banning practices such as co-location, in which firms increase their trading speeds by placing their computers within feet of exchange data processors.

Virtu Makes Strategic Investment in ClearList

Virtu Makes Strategic Investment in ClearList
ClearList provides a trading platform for private markets.

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